£289,838
This estimated value is based upon the latest sale price for the house of £250,000 on 20 Nov 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£250,000 | 20 Nov 2020 |
Detached |
Freehold |
Floor Area: 70 sq meters or 753 sq feet |
This model uses changes in the Official Land Registry House Price Index for ISLE OF WIGHT to estimate the market value.
When this house was purchased in November 2020 the House Price Index for ISLE OF WIGHT was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £250,000 results in an estimated price of approximately £289,838.
20 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £250,000 | £39,838 | £289,838 |
The Postcode Pricing Model uses changes in average sales price within the PO40 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -10.491 % | £-26,227 | £223,772 |
3 Month Average | 21.202 % | £53,003 | £303,003 |
6 Month Average | 21.191 % | £52,977 | £302,977 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £493,637 | £485,000 | MONKS COTTAGE MONKS LANE |
28 Nov 2023 | £126,878 | £125,000 | 120 BRAMBLES CHINE |
20 Jul 2023 | £157,115 | £155,000 | 172 BRAMBLES CHINE |
6 Jul 2023 | £133,801 | £132,000 | 36 BRAMBLES CHINE |
20 Jun 2023 | £89,079 | £88,000 | 215 BRAMBLES CHINE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 17 Jul 2020. Using an estimated price of £289,838 means this house is valued at £4,140 per sq meter (£384 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Colwell Road | |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colwell Road |
Mar 2024 | Anti-social behaviour | On or near Colwell Road | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colwell Road |
Mar 2024 | Anti-social behaviour | On or near Colwell Road |